Kenya drops Worldcoin probe — ‘No further police action’
After suspending Worldcoin operations in August 2023, Kenyan authorities have finally dropped a probe against the firm, potentially paving the way for its comeback.
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PwC’s Strategy&: Security Token Offerings ‘are Not Fundamentally Different From ICOs’
Security token offerings (STO) are becoming more popular, relative to initial coin offerings (ICO), according to a new report by Big Four firm PwC's global consulting subsidiary Strategy&. Released on March 8, the firm’s forth ICO and STO report was developed in collaboration with the Swiss Crypto Valley Association.According to the joint report, STOs “are…
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MakerDAO moves to expand collateral assets and upgrade liquidation engine
The new liquidation engine has been designed to offer Maker’s users greater predictability and security. 3005 Total views 25 Total shares Decentralized lending and stablecoin protocol MakerDAO has opened governance voting to allow new tokens as collateral.A number of new collateral types have been proposed for MakerDAO, potentially increasing the number of digital assets that…
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Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
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The 2020 altcoin Hype-to-Activity index
Crypto fans love to defend their favorite assets. Just look at the XRP army and the LINK Marines. Does the hype expressed on Twitter match up with high trading activity though? A few altcoins throughout 2020 revealed mixed results. Using information from The Tie, a crypto data platform, Cointelegraph looked at assets’ Hype-To-Activity Ratios matched…
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CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. 156 Total views 42 Total shares Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by…
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Crypto Council for Innovation GC to testify at US Senate ‘crypto crash’ hearing
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners. 100 Total views 9 Total shares Own this piece of history Collect this article as an NFTUnited States lawmakers with the Senate Banking Committee have announced three witnesses scheduled to appear before a hearing…
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Agence France-Presse sues Elon Musk and X/Twitter over compensation for news
If the suit is successful, X/Twitter would have to turn over data in order for AFP to determine how much compensation it will seek. 249 Total views 7 Total shares Agence France-Presse (AFP) announced a lawsuit against X, the company formerly known as Twitter, on August 2, citing Europe’s “neighboring rights” legislation.According to a press…
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Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules," said Paul Grewal. 486 Total views 4 Total shares Paul Grewal, chief legal officer of United States-based cryptocurrency firm Coinbase, has pushed back against a proposed rule change from the Securities and Exchange Commission…